Mike Lum Email & Phone Number

United States

San Francisco Office

• Oversee overall budgets for Brand, Marketing, Public Relations/Communications, Transformation Strategy, Innovation, Intellectual, Sport Marketing, and Sales teams, responsible for budget revenue and expenditure tracking as well as budget analysis, report directly to Senior Vice President of Brand Management and all executive leaders.• Strong working relationships with division leaders and external vendors to establish sound basis for reforecast as deem necessary, ensure accurate revenue recognition, expenditure accruals, budget to actual and variance analysis. Make extraordinary contributions to budget process.• Liaison with Accounting team to execute the vendor expense accrual process, manage all invoice review and approval process to ensure charges are valid, aligned with contracted terms, and budget directives as well as financial reporting completeness and accuracy.• Perform overall budget true up and reconciliations and make sound recommendations.

San Francisco, California

Commission: Review broker’s contract and ensure brokers are compensated in accordance with agreed-upon terms and underlying company commission policy & structure. Prepare monthly accounting entries for broker commission expense accrual and payment for Accounting Department. Ensure GAAP Matching Principal is adhered to by properly accrue against the appropriate revenue recognition period.• Membership: Manage presumptive membership data upload to EDW based on actual remittance and abstract and derive data into a meaningful reporting format for related analysis.• Supervision & Training: Oversee work products for fellow analysts and associates and ensure accuracy and completeness. Design financial policies and procedures and proactively enhance overall team quality as well as provide departmental training for new hires. Direct interactions with senior management team.• Underwriting and Contract Department: Follow up with pricing on new and renewal contacts to set up client receivable for revenue recognition.• Audit: Serve as the primary interface with external auditors during interim and year-end US GAAP audits by preparing PBCs and answering related inquiries.• Assume responsibilities in data abstraction in invoicing, related variance analysis, and major bank account reconciliations. Oversee various health plan billing options: Fully insured, ASO, At Risk, and Third Party Administration Claims (TPA).

South San Francisco, California

Sarbanes Oxley: Substantial and successful background in design and implementation financial policies and procedures on key job functions. Facilitated trainings to internal staffs and external consultants in order to manage, motivate, guide, develop, and support the overall corporate finance function.• Data Abstraction and Analysis: Functioned as a lead analyst in abstracting monthly data from Vendor Incentive Management database that ran under SQL, Forest & Trees, MVS, and Access; converted and analyzed raw data for revenue recognition, budget, and forecast purposes.• Specialized in strategic portfolio management variance analysis, research, verification, reconciliation and all follow up activities in revenue recognition cycle. Proven track record in loss prevention.• Financial Planning: Discussed reasonableness of accruals and identified variance against budget with various department managers.

San Francisco, California

Responsible for the overall hotel operation. Reported directly to General Manager, oversaw accounting, room division, engineering, food & beverage, housekeeping, and security departments.• Leadership: Responsible for managerial and operational duties of the Front Office. Established and implemented comprehensive and on-going training programs for management group and staff members. Constantly developed, reviewed, refined, and refresh training materials for all positions. In charge of employee hiring and approved department payrolls.• Excellent understanding and practical management experience in employment laws, workers compensation, harassment, etc.• Oversaw night auditing for hotel revenues and worked directly with hotel controllers & external auditors. Participated in financial planning, budgeting, and forecasting.• Computer System Management: Supported front office computer system in the absence of MIS Manager. Hands-on experience in various hotel management systems: Logistic, GEAC, Fidelio, SDC, On-Command, and Timelox.• Resolved guest concerns and/or operational glitches to the total satisfaction of guests and well protected corporate interests.